Media stories about FLIR Systems (NASDAQ:FLIR) have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. FLIR Systems earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave headlines about the scientific and technical instruments company an impact score of 46.6009156073598 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- FLIR Systems, Inc. (FLIR) 11.44% off from 200- SMA – Voice Of Analysts (analystsbuzz.com)
- Traffic Sensor Market is Projected to Reach USD 385 Million and Grow at 8% of CAGR Forecast to 2023 (itbusinessnet.com)
- SeaWorld Entertainment, FLIR Systems, Zumiez and more – AFTER HOURS – Proactive Investors UK (proactiveinvestors.co.uk)
- FLIR Systems to Release Third Quarter 2017 Financial Results on Wednesday, October 25, 2017 – GlobeNewswire (press release) (globenewswire.com)
- Homeland Security Market Size will Exceed US$ 44 Billion by 2022 (medgadget.com)
Several research firms have recently commented on FLIR. Zacks Investment Research upgraded FLIR Systems from a “hold” rating to a “buy” rating and set a $43.00 price target for the company in a research note on Thursday, July 27th. Needham & Company LLC upped their price target on FLIR Systems from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, September 6th. BidaskClub upgraded FLIR Systems from a “sell” rating to a “hold” rating in a research note on Monday, July 17th. Raymond James Financial, Inc. upgraded FLIR Systems from a “market perform” rating to a “strong-buy” rating and set a $43.00 price target for the company in a research note on Monday, July 10th. Finally, UBS AG upgraded FLIR Systems from a “market perform” rating to a “strong-buy” rating in a research note on Monday, July 10th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and two have given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $39.17.
FLIR Systems (FLIR) opened at 41.29 on Monday. The firm has a 50-day moving average price of $38.98 and a 200 day moving average price of $37.26. The stock has a market cap of $5.66 billion, a PE ratio of 26.62 and a beta of 0.60. FLIR Systems has a 52-week low of $28.26 and a 52-week high of $41.46.
FLIR Systems (NASDAQ:FLIR) last released its quarterly earnings data on Wednesday, July 26th. The scientific and technical instruments company reported $0.42 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.01. FLIR Systems had a return on equity of 13.97% and a net margin of 12.44%. The business had revenue of $434.12 million during the quarter, compared to analyst estimates of $437.32 million. During the same quarter in the previous year, the firm posted $0.37 EPS. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. Equities analysts anticipate that FLIR Systems will post $1.85 earnings per share for the current year.
In other FLIR Systems news, Director Earl R. Lewis sold 11,587 shares of the business’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $37.27, for a total transaction of $431,847.49. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Thomas A. Surran sold 261,320 shares of the business’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $38.25, for a total value of $9,995,490.00. The disclosure for this sale can be found here. Insiders have sold a total of 292,907 shares of company stock valued at $11,191,737 in the last quarter. 3.00% of the stock is currently owned by insiders.
About FLIR Systems
FLIR Systems, Inc (FLIR) designs, develops, markets and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems and threat-detection solutions. The Company’s segments include Surveillance, Instruments, Security, OEM & Emerging Markets, Maritime and Detection.
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